NOT LISTED FOR SALE

5503 Avenue E Bokeelia, FL 33922

Estimated Value: $319,000 - $358,000

8 Beds
4 Baths
3,360 Sq Ft
$99/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $547,000 $163 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $2,020/month

6 Days on Market

Highlights

  • Florida Architecture
  • Courtyard
  • Central Heating and Cooling System
  • Cape Coral High School Rated A-
  • Tile Flooring
  • Rectangular Lot

About This Home

As of September 2021

Amazing investment opportunity in Bokeelia! Two duplexes being sold together as 4 plex as they are side by side - facing each other with courtyard setting in between --BOTH BUILDINGS GOT NEW ROOFS JUNE 2021 - beautiful 2 bedroom, 1 bath units with tile floors, central ac, nice kitchens with range, microwave and refrigerators. Two units have stainless steel appliances. Nice kitchen cabinets. All units have laundry closets off kitchen for full size washer and dryer, decent size bedrooms, extra storage closets. Each unit has nice backyard area off kitchen with privacy fencing between units and even same privacy fencing between units in front. Property has been well cared for and maintained. Great tenants, clean units, quiet surroundings. Property has central water and septic. NEW SEPTIC DRAINFIELD for 5491/5493 building -August 2021 Properties included are 5501/5503 Avenue E and 5491/5493 Avenue E . See remarks for details on leases. Wonderful neighborhood - convenient to everything -especially new Publix going in on the island. Wonderful investment with solid tenants. RE taxes listed are for both buildings

Last Agent to Sell the Property

Judy Sylvia

RE/MAX Realty Team License #252000382 Listed on: 08/22/2021

RE/MAX Realty Team

Last Buyer's Agent

Irene Renteria

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,816

Year Built

  • Built in 1983

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 150 x 135 x 150 x 135
  • Rectangular Lot

Home Design

  • Quadruplex
  • Florida Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,360 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 6 & 7 / A
  • Assessor Parcel Number 28-44-22-05-0000A.0060

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,816

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.464
  • Lot Size: 150 x 135 x 150 x 135
  • Subdivision Name: NOT APPLICABLE
  • Architectural Style: Florida, Garden Home
  • Structure Type: Quadruplex
  • Year Built: 1983
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Courtyard
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 28-44-22-05-0000A.0060
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, See Remarks

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4816.0
  • Tax Block: A
  • Tax Lot: 6 & 7
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2021
Closed on
Sep 28, 2021
Sold by
Aunt Ebbys Llc
Bought by
Jimo & Bhola Llc
Seller's Agent
Judy Sylvia
RE/MAX Realty Team
Buyer's Agent
Irene Renteria
List Price
$549,900
Sold Price
$547,000
Premium/Discount to List
-$2,900
-0.53%
Current Estimated Value
$334,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$213,000
Avg. Annual Appreciation
-11.58%

Purchase Details

Closed on
Jun 7, 2019
Sold by
Swartz Andrew M and Swartz Susan L
Bought by
Aunt Ebby S Llc

Purchase Details

Closed on
May 22, 2015
Sold by
Swartz Andrew M and Swartz Susan L
Bought by
Swartz Andrew M and Swartz Susan L

Purchase Details

Closed on
Jan 5, 2015
Sold by
Carletta Eugene P
Bought by
Swartz Andrew M and Swartz Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,750
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2010
Sold by
Hayden Dennis M
Bought by
Carletta Eugene P

Purchase Details

Closed on
May 12, 2005
Sold by
Sepielli John G
Bought by
Hayden Dennis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2000
Sold by
Roberts Isa
Bought by
Sepielli John G
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jimo & Bhola Llc $547,000 Cape Coral Ttl Ins Agcy Inc
Aunt Ebby S Llc $380,000 Agent Title Services Llc
Swartz Andrew M -- None Available
Swartz Andrew M $125,000 Attorney
Carletta Eugene P $90,000 Stewart Title Company
Hayden Dennis M $367,000 Wilkinson Title Agency Inc
Sepielli John G $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swartz Andrew M $90,750
Previous Owner Hayden Dennis M $229,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold $547,000 -0.5% $163 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/22/2021 08/22/21 For Sale $549,900 -- $164 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,987 $173,378 -- --
2024 $2,922 $157,616 $33,602 $119,356
2023 $2,922 $153,769 $35,078 $118,691
2022 $3,202 $176,660 $25,200 $151,460
2021 $2,406 $121,540 $14,000 $107,540
2020 $2,421 $121,932 $14,600 $107,332
2019 $2,375 $119,504 $13,181 $106,323
2018 $2,221 $106,594 $13,181 $93,413
Source: Public Records

Agents Affiliated with this Home

  • Judy Sylvia

    Seller's Agent in 2021

    Judy Sylvia

    RE/MAX

    (239) 980-0026

    5 in this area

    337 Total Sales

    Judy Sylvia
    Section Image

  • I

    Buyer's Agent in 2021

    Irene Renteria

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221061010

Florida Gulf Coast Multiple Listing Service

APN: 28-44-22-05-0000A.0060

Florida Lee County Bokeelia 33922

5503 Avenue E, Bokeelia, FL

This home is located at 5503 Avenue E, Bokeelia, FL 33922 since 22 August 2021 and is currently estimated at $334,000, approximately $99 per square foot. This property was built in 1983. 5503 Avenue E is a home located in Lee County with nearby schools including Pine Island Elementary School, Trafalgar Middle School, and Gulf Middle School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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